Owned by Muscocho Explorations (TSE), Windarra Minerals (TSE) and Flanagan McAdam Resources (TSE), the project could be processing stockpiled material by mid-April, pending successful testing of its recently installed power line and substation, and milling equipment.
Plans call for a gradual increase in the daily processing rate until a 600-ton-per-day level is attained.
Drill-indicated reserves (to a vertical depth of 1,000 ft) currently stand at 1.4 million tons grading 0.245 oz gold per ton.
Projected annual production at the mine, located 30 miles west of Wawa, is 60,000 oz gold.
Muscocho, the operator, and Windarra each have a 25% interest in the project, with Flanagan McAdam holding the remaining 50%.
Meanwhile, at the Magino mine, a 50/50 joint venture of Muscocho and McNellen Resources (TSE) also situated in the Wawa area, the companies report the project is in full swing at a processing rate of 500 tons per day.
The companies earlier this year installed a larger crushing unit to boost mill throughput from 400 to 500 tons per day.
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